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Herald Reporter
Zim Cyber City billionaire Mr Shaji Ul Mulk, has been named as one of the Arabian Business 100 Most Inspiring Leaders in the Middle East, in a demonstration of his company’s determination to transform the world.
Mr Mulk, who is founder and chairman of the Mulk International Group, is developing the US$500 million Zim Cyber City in Mt Hampden, just outside Harare.
He was ranked fourth.
The Arabian Business Inspiring Leaders List, is an exclusive compilation that celebrates visionaries, innovators, and trailblazers that have left a strong footprint on the Middle East’s business landscape. The leaders would have harnessed their expertise, determination, and passion to create enduring legacies that extend far beyond their organisations.
The list cuts across a wide spectrum of sectors from finance and technology to healthcare, energy, and beyond.
It also encompasses entrepreneurs who have built thriving start-ups from the ground up, as well as seasoned executives who have redefined the strategies of established conglomerates.
What unites them is their unyielding dedication to excellence and their ability to inspire others with their achievements.
Diriyah Gate Development Authority CEO Mr Jerard Inzerillo, whose firm is involved in the tourism sector, was ranked first, with Saudi Aramco president and CEO Mr Amin Nasser on second position while Mr Mohamed Alabbar, the founder and chairman of Emaar and noon, was ranked third.
Mr Mulk, whose firm was established in 1982, was in fourth place.
Mulk International Group is a 40-year-old global entity with a diversified portfolio spanning primarily four sectors: manufacturing of metal composite panels and LGS homes, real estate, sports assets, and healthcare.
Boasting an impressive net worth of over US$2 billion, the group has been the recipient of the Sheikh Mohammed bin Rashid’s MRM award for the best foreign manufacturer in the UAE.
At the forefront of global manufacturing, the group’s flagship product is the metal composite panel, known as the brand “ALUBOND”, which transformed the group to become the world’s largest manufacturer of aluminium composite panels, boasting an impressive installed capacity of 25 million sqm with installations spanning over 100 countries.
The group has gained global recognition for innovating the fastest cricketing format and 90-minute cricket under the brand “T10 cricket league”.
Launched in 2017, it has become a global brand with franchise cricket leagues executed in the UAE, Africa, USA, Sri Lanka, Europe, and India with a combined viewership of over 1 billion.
Expanding into the healthcare industry in 2010, the group launched physiotherapy centres, telemedicine facilities, and diagnostic clinics across the region. Mulk Med Healthcare stands as the region’s pioneering tele healthcare ecosystem provider, responsible for the soft launch of Mulk Med Healthcare Virtual Hospital. This innovative venture merges diverse ICT verticals with cutting-edge healthcare solutions.
The Mulk Physiotherapy and Home Care Centre emphasises physiotherapy and rehabilitation, while Global Hawk Imaging and Diagnostics offer an advanced open MRI that enables patients to connect with global specialist doctors.
The group is currently investing in a US$500 million real estate project in Zimbabwe, “The Zim Cyber City”. This 46 000 sqm landmark project is managed through the locally registered subsidiary, Zimbabwe Global Investments (ZGI), operating under the Special Economic Zone (SEZ) programme approved by President Mnangagwa.This state-of-the-art mixed-use development project is underway in Mount Hampden.
Promising an affluent community and an unparalleled standard of living with duty free shopping amenities, the Zim Cyber City emerges as one of Africa’s most promising and exciting real estate projects.
Aligned with the group’s vision, the Alubond LGS building system is currently disrupting the construction industry by replacing timber with light gauge steel. The company has won over US$250 million worth of projects in the USA and UK.
The Zim Cyber City is also being built using this disruptive building technology which provides a savings of 30 percent in materials cost and 50 percent saved in man hours.
Mr Mulk also steers the Mulk Foundation which offers a range of support, including free medical clinics, libraries, assistance for disabled children, and an orphan marriage programme. Through these initiatives, the group underscores its commitment towards giving back to the community. – Additional Reporting: Arabian Business
Peter Tanyanyiwa
Online Reporter